£407,461
This estimated value is based upon the latest sale price for the house of £280,000 on 24 Mar 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £280,000 | 24 Mar 2015 |
| £240,000 | 3 Sep 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 sq feet |
This model uses changes in the Official Land Registry House Price Index for ISLE OF WIGHT to estimate the market value.
When this house was purchased in March 2015 the House Price Index for ISLE OF WIGHT was 100.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.522%.Applying this 45.522% change to the original purchase price of £280,000 results in an estimated price of approximately £407,461.
| 24 Mar 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 146.7 | 45.522 % | £280,000 | £127,461 | £407,461 |
The Postcode Pricing Model uses changes in average sales price within the PO32 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 29.007 % | £81,219 | £361,219 |
| 3 Month Average | 41.137 % | £115,184 | £395,184 |
| 6 Month Average | 65.738 % | £184,066 | £464,066 |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 13 Aug 2012.
The average size of a house on MILLFIELD AVENUE is 103 sq meters (1,117 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hendy Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hendy Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Vereker Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Osborne Heights |